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Sector Update: Tech Stocks Mixed Premarket Wednesday
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Sector Update: Tech Stocks Mixed Premarket Wednesday
Jun 26, 2024 6:34 AM

09:13 AM EDT, 06/26/2024 (MT Newswires) -- Technology stocks were mixed premarket Wednesday, with the Technology Select Sector SPDR Fund ( XLK ) down 0.4% and the SPDR S&P Semiconductor ETF ( XSD ) 0.1% higher recently.

SolarEdge Technologies ( SEDG ) was 1% lower after it priced its private offering of $300 million of 2.25% convertible senior notes due 2029.

Logitech International's ( LOGI ) Ultimate Ears brand said it has launched EVERBOOM, a durable, portable speaker. Logitech International ( LOGI ) was down more than 1% pre-bell.

Progress Software ( PRGS ) fell past 1% after it reported a fiscal Q2 revenue of $175.1 million, down from $178.3 million a year earlier.

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